ALPHA TRIBE

KPI Green Energy LimitedOthers, 06-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

06-02-2025 | 11:48 am

KPI Green Energy Limited has confirmed that for the quarter ended December 31, 2024, there were no deviations in the utilization of funds raised through the Qualified Institutions Placement (QIP) conducted on August 16, 2024, totaling ₹1,000 crores. The Audit Committee reviewed these findings, affirming that all funds were utilized as originally planned. This stability enhances investor confidence, signaling effective management and adherence to stated financial objectives. The lack of deviations suggests a positive outlook for operational efficiency and strategic execution in capital allocation.

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